Market Performance: U.S. stocks experienced a decline, with the Dow Jones index dropping over 100 points on Friday.
Notable Stock Movements
Affirm Holdings, Inc. (AFRM): Shares surged by 20.1% to $96.10 after reporting quarterly earnings of 20 cents per share, surpassing the expected 10 cents, and revenue of $876.41 million, exceeding the consensus estimate of $837.02 million.
Ambarella, Inc. (AMBA): Stock rose 26.8% to $89.52 following better-than-expected second-quarter earnings and an optimistic sales forecast for the third quarter.
IREN Limited (IREN): Shares increased by 24% to $28.50 after reporting strong quarterly earnings and sales.
NeoGenomics, Inc. (NEO): Stock climbed 23.7% to $8.92 after a court ruling invalidated patent claims from Natera.
Petco Health and Wellness Company, Inc. (WOOF): Shares rose 18.5% to $3.83 after reporting better-than-expected quarterly earnings.
Opendoor Technologies Inc. (OPEN): Stock jumped 12% to $4.78.
Autodesk, Inc. (ADSK): Shares gained 10.7% to $319.35 after posting strong second-quarter financial results.
BRP Inc. (DOOO): Stock rose 10.4% to $63.45 following better-than-expected quarterly results.
Alibaba Group Holding Limited (BABA): Shares increased by 9.1% to $130.48 after reporting strong first-quarter sales.
SentinelOne, Inc. (S): Stock gained 8.5% to $18.61 after reporting better-than-expected second-quarter results and raising its FY2026 sales guidance.
Additional Stock Highlights
BeOne Medicines Ltd. (ONC): Shares rose 5% to $312.44 after announcing positive topline results from a clinical study.
Other Notable Gains: Richtech Robotics Inc. (RR) and Zepp Health Corporation (ZEPP) both saw an increase of 8.5%, while other companies like IREN and NEO also reported significant gains in their stock prices.
Market Insights
Stock Performance Metrics: Affirm Holdings (AFRM) saw an 18.8% increase, Ambarella (AMBA) rose by 23.7%, and Alibaba (BABA) gained 8.82%. The overall market sentiment reflects a mix of strong earnings reports driving stock prices higher despite a general market decline.
WOOF
$3.05+Infinity%1D
Analyst Views on WOOF
Wall Street analysts forecast WOOF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WOOF is 4.03 USD with a low forecast of 2.75 USD and a high forecast of 5.14 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast WOOF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WOOF is 4.03 USD with a low forecast of 2.75 USD and a high forecast of 5.14 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
7 Hold
1 Sell
Hold
Current: 3.100
Low
2.75
Averages
4.03
High
5.14
Current: 3.100
Low
2.75
Averages
4.03
High
5.14
Goldman Sachs
Buy
maintain
2025-12-02
Reason
Goldman Sachs
Price Target
2025-12-02
maintain
Buy
Reason
Goldman Sachs lowered the firm's price target on Petco to $4.53 from $5.14 and keeps a Buy rating on the shares. Petco reported an earnings beat for Q3 and plans to drive top-line growth in 2026 amid the competitive environment, the analyst tells investors in a research note. The services business is seen as a key differentiator, with ongoing efforts to improve utilization through staffing and marketing, and to enhance accessibility via technology and data sharing, Goldman says.
Morgan Stanley
Equal Weight
downgrade
2025-11-26
Reason
Morgan Stanley
Price Target
2025-11-26
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Petco to $3.75 from $4.50 and keeps an Equal Weight rating on the shares. Competitive dynamics and a weak macro picture add pressure, limiting visibility on the path to a sustained topline inflection and further profitability improvements, the analyst tells investors following the company's Q3 report.
BofA
Kendall Toscano
Underperform
maintain
$3
2025-11-26
Reason
BofA
Kendall Toscano
Price Target
$3
2025-11-26
maintain
Underperform
Reason
BofA analyst Kendall Toscano raised the firm's price target on Petco to $3 from $2.75 and keeps an Underperform rating on the shares. The firm raised its FY26 adjusted EBITDA and adjusted EPS estimates to reflect Q3 upside, but sees continued same-store sales/traffic softness in the near-term as well as longer-term risk that market share erosion could continue, the analyst tells investors.
Wells Fargo
Zachary Fadem
Equal Weight
maintain
$4
2025-08-29
Reason
Wells Fargo
Zachary Fadem
Price Target
$4
2025-08-29
maintain
Equal Weight
Reason
Wells Fargo analyst Zachary Fadem raised the firm's price target on Petco to $4 from $3.50 and keeps an Equal Weight rating on the shares. While Q2 comps were in-line, the firm sees Petco shares sharply higher tomorrow via EBITDA upside and additional signs of turnaround progress. That said, with topline still muted and high category competition, Wells stays sidelined.
About WOOF
Petco Health and Wellness Company, Inc. is a pet health and wellness company focused on improving the lives of pets, pet parents, and its own Petco partners. It offers pet parents a full spectrum of product choices with products to address ongoing humanization and premiumization trends in the market. It integrates its product offering with its services business, building on the foundation of treating the whole pet, including their physical, mental and social well-being. Its service offering includes veterinary care, grooming, and training. It operates a network of full-service, general practice veterinary hospitals complemented by prescription and insurance offerings. It operates more than 1,500 pet care centers across the United States, Mexico and Puerto Rico and a growing network of on-site veterinary hospitals and mobile veterinary clinics. It offers a complete pet health and wellness ecosystem accessible through its pet care centers and digitally at petco.com and on the Petco app.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.